Ducommun Technical Analysis (NYSE:DCO)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the Ducommun stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the DCO stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Ducommun. Technical analysis uses an approach for Ducommun stock analysis that does not care for the fair value of a company but uses price and volume data only.
Ducommun Moving Average
Moving averages show the DCO stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $35.75 is below the price of $39.38.
Ducommun Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the DCO stock. The stock price is trading between the average and the upper band in the context of Ducommun bollinger bands.
Ducommun Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Ducommun MACD indicator can be used to identify bullish and bearish trends for the stock.
Ducommun Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of DCO stock is 77.91.